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ZENITH BANK TO RAISE N290BN FRESH CAPITAL
1. Overview of Capital Raise:
- Amount to Raise: Zenith Bank plans to raise approximately ₦290 billion.
- Purpose: The amount exceeds the ₦230 billion required by the Central Bank of Nigeria (CBN) for recapitalization.
2. Details of the Capital...
SUBSCRIPTION FOR 9 BILLION SHARES OF GTCO AT N44.50 PER UNIT OPENS
Guaranty Trust Holding Company (GTCO) Plc has commenced a public offer to raise N400.5 billion to strengthen its operations, including its banking subsidiary, GTBank Nigeria Limited. This move follows a Central Bank of Nigeria...
TANTALIZERS PLC: LISTING OF 1,788,372,094 ORDINARY SHARES OF 50 KOBO EACH AT N0.60 PER SHARE OFFERED THROUGH PRIVATE PLACEMENT
Date of Announcement: 12 July 2024
Reference Number: NGXREG/IRD/MB41/24/07/12
Key Details:
- Event: Listing of Additional Shares
- Company: Tantalizers Plc
- Number...
GTCO PLANS N400BN CAPITAL RAISE
Guaranty Trust Bank Plc (GTCO) announced plans to raise N400.5 billion by issuing 9 billion shares at N44.5 per share. This move aims to support the bank's expansion and innovation strategies.
The announcement was made by GTCO's Managing Director, Segun...
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